Further airline trouble ahead, but weekly oil report signals some …
It is argued that the current rise in oil prices has not yet been reflected in investment decisions. There is a significant time lag between oil prices and investment; the current high oil prices should lead to a boom in oil investment
But Fitch predicts that a persistence or increase in current oil prices would cause some of the majors to fail and induce further jumps in airline ticket prices. These oil prices are hurting people all over the US everyone as we witness
In view of the current skyrocketing oil prices and its effect on world markets, one might wonder what exactly is going on in the world?! Oil prices have reached historical and hysterical records, and yet they are still rising even now
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
